The most recent data for December 2024 is out.
The US govt had total revenue (taxes, fees, tariffs) of $454 billion. The US govt paid $140 billion in interest on the national debt.
31% of all govt revenue was consumed by interest payments on the debt.
It is actually worse than… pic.twitter.com/M0pwVttA42
— Wall Street Mav (@WallStreetMav) January 14, 2025